Tik Tok has a new 75-day grace period thanks to an executive order signed on Friday, April 4, by US President Donald Trump.
The ban on the video platform was scheduled to take effect on Saturday, April 5, but the president rushed to sign the new executive order, which gives TikTok more than two months’ notice, anticipating that a commercial solution for its operation would be found during that time.
The main objective of this extension appears to be geared toward “negotiating a sales agreement with its Chinese parent company, Bytedance.”
Regarding the executive order signed by Trump, it has been stated: “The agreement requires more work to ensure all necessary approvals are signed.” Trump emphasized that his desire is not to eliminate TikTok and that they hope to reach an agreement with China on this matter.
In any case, “Washington is demanding that TikTok sever its relationship with ByteDance, understanding that it represents a threat to national security, as American user data could be compromised and end up in the hands of the Chinese government.”
M.Pino
Source: americaeconomia
(Reference image source: Mariia Shalabaieva on Unsplash)
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